19min chapter

Pitchfork Economics with Nick Hanauer cover image

How to Build a Just Economy (with Nick Romeo)

Pitchfork Economics with Nick Hanauer

CHAPTER

Rethinking Capitalism: Alternative Economic Models

The chapter explores alternative economic models to modern capitalism, critiquing the flaws of profit-maximizing paradigms and advocating for worker ownership and true pricing initiatives. It delves into successful examples like Mondragon and ESOP, highlighting their equitable pay ratios and democratic structures. The discussion emphasizes the challenges of replicating these models in today's economy and proposes new structures to incentivize fair wages and environmental impact.

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